Nifty 5300 Put adds 3.32 lakh shares in OI

By Varinder Bansal, Research Analyst at CNBC-TV18

FIIs have net buyers of Rs 361 cr in Index Options; Index Options OI was up by 5121 contracts.

FIIs have net buyers of Rs 452 cr in Stock Futures; Stock Futures OI was down by 3264 contracts.

Total Stock Futures OI added 2.58 cr shares in OI. Nifty Rollover was at 18%. Nifty 5300 Put added 3.32 lakh shares in OI.

Fresh shorts & cash based selling was seen in ITC. The stock was down 1.5%; OI was up 33% or 70 lakh shares. Its Del vol was at 1.2 cr shares vs 57 lakh.

Fresh longs were seen in Bajaj Auto. The stock was up 3%; OI was up 9%. Del vol was at 3.2 lakh Vs 2.4 lakh.

Short covering was seen in L&T and Tata Steel.

L&T was up 4%; OI wa s down 11%. Its del vol at 21 lakh Vs 20.5 lakh

Tata Steel was up 3%; OI was down 3%. Its Del vol was at 7 lakh Vs 9.8 lakh.

Short covering & cash based buying was seen in Ashok Leyland and IDFC.

Ashok Leyland was up 6%; OI was down 13%. Its del vol was at 1.18 cr Vs 40.7 lakh.

IDFC was up 4%; OI was down 13%. Its del vol was at 75 lakh Vs 47 lakh.